Business News Desk – Ratan Tata, former Chairman (Chairman Emeritus) of Tata Group, has passed away at the age of 86. After the demise of Ratan Tata, the question in everyone’s mind is who will be the next head of the Tata Group? This question is also important because Ratan Tata remained unmarried throughout his life. Ratan Tata’s total wealth is said to be around Rs 3800 crore.
Who will be the next successor?
After the demise of Ratan Tata, who will become Tata’s successor, who will replace him… this has become an important issue. Who will oversee the Tata Group’s vast business empire? Let us tell you that succession plan is already implemented in Tata Group. N Chandrasekaran took over as chairman of the holding company Tata Sons in 2017. Other people in the family are leading different parts of the business and who may take on leadership roles in the future.
Noel Tata is at the forefront of this race
Noel Tata, born to Naval Tata’s second wife Simone, is Ratan Tata’s half-brother. This family bond puts Noel Tata at the forefront of inheriting the Tata legacy. However, considering his advancing age, this responsibility may be given to any one of his three children.
Maya, Neville and Lia Tata
Let us tell you that Noel Tata has three children, who can be seen as possible heirs to Tata’s legacy. The eldest, Lia Tata, holds a master’s degree in Marketing from IE Business School in Madrid, Spain. She joined the Tata Group in 2006 as Assistant Sales Manager at Taj Hotels Resorts & Palaces and now serves as President at The Indian Hotels Company Limited (IHCL), rising through various roles. Younger daughter Maya Tata started her career at Tata Capital as an analyst in the group’s flagship finance services company. While his brother Neville Tata started his professional journey at Trent. His father helped build the company’s retail chain.
